Trend Table for PFFA - Virtus InfraCap U.S. Preferred Stock ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 8	F	Weak or Absent	Down	Down	Down	42.15%
May 5	F	Weak or Absent	Down	Down	Down	42.15%
May 4	F	Weak or Absent	Down	Down	Down	44.45%
May 3	D	Weak or Absent	Down	Down	Down	40.91%
May 2	D	Weak or Absent	Down	Down	Down	39.02%
May 1	D	Weak or Absent	Down	Down	Up	36.10%
Apr 28	D	Weak or Absent	Down	Flat	Up	35.39%
Apr 27	D	Weak or Absent	Down	Down	Down	37.62%
Apr 26	D	Weak or Absent	Down	Down	Down	39.25%
Apr 25	D	Weak or Absent	Down	Down	Down	38.35%